The global Relational In-Memory Database market is extremely competitive and comprise various global and regional players who accounted for robust market share in 2020. The global relational in-memory database market reached a significantly robust value in 2020 and is expected to register a double-digit revenue CAGR over the forecast period. Major factors driving market revenue growth include increasing adoption of relational in-memory database in various industries to collect, store, and access big data efficiently, coupled with growing demand for in-memory relational databases due to increasing web applications, growth in business analytics, database warehousing, etc.
Some of the key companies operating in the global Relational In-Memory Database market include: Microsoft Corporation, McObject, IBM Corporation, Oracle, SAP SE, Teradata, Altibase Corporation, Amazon Web Services, Tableau, Kognitio, DataStax, ENEA, and VoltDB., and Others.
These market players are various strategies such as mergers and acquisitions, collaborations, joint ventures, collaborations, partnerships and research and development investments to strengthen their market position and expand their product base.
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Rapidly growing commercial and industrial sectors, rising concerns about data breaching in multinational companies, corporates, hospitals, rising demand for ICT services in various sectors such as healthcare and pharmaceuticals, IT, financial services and hospitals are some of the key factors boosting growth of the global Relational In-Memory Database market revenue growth. In addition, increasing RD investments and rising focus on developing more secure products are supporting market growth.
Geographically, North America is expected to account for robust revenue share between 2021 and 2028 owing to factors such as rising concerns about data leakage and security, presence of key players and increasing adoption of advanced solutions.
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Relational In-Memory Database Market segmentation
Data Type Outlook (Revenue, USD Billion; 2018 – 2028)
Application Outlook (Revenue, USD Billion; 2018 – 2028)
Processing Type Outlook (Revenue, USD Billion; 2018 – 2028)
- Online Analytical Processing (OLAP)
- Online Transaction Processing (OLTP)
- North America (U.S., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key objectives of the report:
- Details about revenue growth, market size, drivers, opportunities, constraints
- Historical and forecast revenue of the key segments, products, applications and detailed analysis of the regions in the market
- Production capacity, revenue, pricing structure, market share, and CAGR.
- To offer insights about current market position, forecast estimation, competitive landscape and research and development activities
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